The table given below represents the output per hour of cookies and chilies in Ohio and Iowa. Table 2.4
-Refer to Table 2.4.Identify the correct statement.
A) Ohio should specialize in the production of cookies and trade with Iowa.
B) Iowa should specialize in the production of cookies and trade with Ohio.
C) Ohio should specialize in the production of chilies and trade with Iowa.
D) Both should specialize in the production of chilies.
E) Each of the nations should continue to produce both the commodities and not specialize in any one commodity.
Correct Answer:
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